Proof of funds requirements updated by Canada in 2021

 

The amount of money needed to settle in Canada has been adjusted by the Canadian government. You can reach out to best Canada immigration consultants in India at any time.

An individual's settlement fund numbers in their Express Entry profile with Immigration, Refugees and Citizenship Canada [IRCC] may need to be updated in order to be eligible for the Express Entry system.

No later than July 15, 2021, an existing IRCC Express Entry profile must be updated with settlement money.

If an update is required and is submitted by a Canada immigration hopeful, the date and time of receiving the profile will not be affected.

The overall amount of money needed to support a family in Canada will vary depending on the size of the family.

For IRCC Express Entry applications, the term "family" refers to [1] the principal applicant, [2] the applicant's spouse or partner, [3] the main applicant's dependent children, and [4] the main applicant's spouse or partner's dependent children.

Keep in mind that proof of funds will be required based on the size of the principal applicant's family, even if those dependents are not accompanying the main applicant to Canada.

Both when applying to IRCC and upon receiving a Canada PR visa, the funds must be readily available.

Choosing a reliable India-based consultant for your Canada PR application will pay off handsomely. They will do everything they can to make the procedure as simple as possible for you. They'll also assist you with the papers and other paperwork required for the application.

Only a good consultant will be able to assist you in adjusting to living in a foreign country. When relocating from one nation to another, there are numerous factors to consider. All of them will be guided by an immigration consultant.

You can look for best Canada immigration consultants in Delhi on Google and make sure you are choosing the right consultant.